American Airlines forecasts 2024 profit largely above estimates
(Reuters) – American Airlines Group forecast 2024 profit largely above Wall Street expectations on Thursday as the carrier benefits from…
Author: Trading Reports Daily
Blackstone’s fourth-quarter earnings rise 4% as asset sales pick up
By Chibuike Oguh NEW YORK (Reuters) – Blackstone Inc reported a 4% rise in its fourth-quarter distributable earnings on Thursday,…
Tesla warns of slowing growth before new model launch next year
By Hyunjoo Jin and Akash Sriram (Reuters) -Tesla expects to start production of its next-generation electric vehicle at its Texas…
S&P 500 ekes out another record high as Netflix and chipmakers leap
By Noel Randewich and Johann M Cherian (Reuters) -The S&P 500 climbed to its fourth straight record high close on…
IBM forecasts annual revenue growth above estimates on AI adoption rush
By Arsheeya Bajwa (Reuters) -IBM forecast full-year revenue growth above market estimates on Wednesday, banking on stable demand for its…
Watchdog flags conflict of interest issue in ex-Fed bank presidents’ trading
(This Jan. 22 story has been corrected to clarify that the trading activity was disclosed after the fact, in paragraph…
Nvidia, Equinix team up to offer AI supercomputers to businesses
By Stephen Nellis SAN FRANCISCO (Reuters) – Data center operator Equinix and Nvidia said on Wednesday they had partnered up…
Ford recalls 2.24 million Ford Explorer SUVs over trim-retention clips
By David Shepardson WASHINGTON (Reuters) -Ford Motor said Wednesday it was recalling 2.24 million older Explorer sport utility vehicles worldwide…
China cuts bank reserves to defend markets, spur growth
By Kevin Yao and Ellen Zhang BEIJING (Reuters) -China’s central bank announced a deep cut to bank reserves on Wednesday,…
Europe launches AI one-stop shop with supercomputers for startups
By Foo Yun Chee BRUSSELS (Reuters) – Europe’s startups will get easier access to artificial intelligence-dedicated supercomputers to help them…